Idico JSC Stock Forward View - Simple Regression

IDC Stock   47,000  600.00  1.29%   
Idico Stock outlook is based on your current time horizon.
The value of RSI of Idico JSC's stock price is about 66. This usually indicates that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Idico, making its price go up or down.

Momentum 66

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Idico JSC's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Idico JSC, which may create opportunities for some arbitrage if properly timed.
Using Idico JSC hype-based prediction, you can estimate the value of Idico JSC from the perspective of Idico JSC response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Idico JSC on the next trading day is expected to be 46,923 with a mean absolute deviation of 2,521 and the sum of the absolute errors of 153,792.

Idico JSC after-hype prediction price

    
  VND 47000.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out fundamental analysis of Idico JSC to check your projections.

Idico JSC Additional Predictive Modules

Most predictive techniques to examine Idico price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Idico using various technical indicators. When you analyze Idico charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Simple Regression model is a single variable regression model that attempts to put a straight line through Idico JSC price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Idico JSC Simple Regression Price Forecast For the 23rd of February

Given 90 days horizon, the Simple Regression forecasted value of Idico JSC on the next trading day is expected to be 46,923 with a mean absolute deviation of 2,521, mean absolute percentage error of 8,725,506, and the sum of the absolute errors of 153,792.
Please note that although there have been many attempts to predict Idico Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Idico JSC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Idico JSC Stock Forecast Pattern

Idico JSC Forecasted Value

In the context of forecasting Idico JSC's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Idico JSC's downside and upside margins for the forecasting period are 46,920 and 46,925, respectively. We have considered Idico JSC's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
47,000
46,920
Downside
46,923
Expected Value
46,925
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Idico JSC stock data series using in forecasting. Note that when a statistical model is used to represent Idico JSC stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria134.0923
BiasArithmetic mean of the errors None
MADMean absolute deviation2521.1754
MAPEMean absolute percentage error0.0625
SAESum of the absolute errors153791.699
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Idico JSC historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Idico JSC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Idico JSC. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
46,99747,00047,003
Details
Intrinsic
Valuation
LowRealHigh
38,09138,09451,700
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9,57447,65085,726
Details

Idico JSC Estimiated After-Hype Price Volatility

As far as predicting the price of Idico JSC at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Idico JSC or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Idico JSC, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Idico JSC Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Idico JSC is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Idico JSC backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Idico JSC, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.31 
2.69
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
47,000
47,000
0.00 
0.00  
Notes

Idico JSC Hype Timeline

Idico JSC is currently traded for 47,000on Vietnam Stocks of Vietnam. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Idico is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.31%. %. The volatility of related hype on Idico JSC is about 0.0%, with the expected price after the next announcement by competition of 47,000. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be uncertain.
Check out fundamental analysis of Idico JSC to check your projections.

Idico JSC Related Hype Analysis

Having access to credible news sources related to Idico JSC's direct competition is more important than ever and may enhance your ability to predict Idico JSC's future price movements. Getting to know how Idico JSC's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Idico JSC may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Idico JSC

For every potential investor in Idico, whether a beginner or expert, Idico JSC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Idico Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Idico. Basic forecasting techniques help filter out the noise by identifying Idico JSC's price trends.

Idico JSC Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Idico JSC stock to make a market-neutral strategy. Peer analysis of Idico JSC could also be used in its relative valuation, which is a method of valuing Idico JSC by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Idico JSC Market Strength Events

Market strength indicators help investors to evaluate how Idico JSC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Idico JSC shares will generate the highest return on investment. By undertsting and applying Idico JSC stock market strength indicators, traders can identify Idico JSC entry and exit signals to maximize returns.

Idico JSC Risk Indicators

The analysis of Idico JSC's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Idico JSC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting idico stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Idico JSC

The number of cover stories for Idico JSC depends on current market conditions and Idico JSC's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Idico JSC is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Idico JSC's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Other Information on Investing in Idico Stock

Idico JSC financial ratios help investors to determine whether Idico Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Idico with respect to the benefits of owning Idico JSC security.